Hello, I am new to BP. Investing in real estate has always been my dream. I have worked as a Legal Assistant most of my life. My education is BS in Criminal Justice, and an MPA.
I am relocating from Oregon to Delaware area in July 2015. I am originally from Philadelphia and my family is in the NJ, PA, DE area. I am planning on investing in the Delaware area and I am interested in flipping and building consistent cash flow from rentals.
My home in Oregon has sold and the closing is this month so when I go back east, I will be ready to buy an investment. I have a place to live so will not need to buy a home for myself right now.
I am wondering about financing? Of course I think I should hold onto as much cash as possible but should I buy my first property as a residence per se and flip or rent to get the best financing. Also, if anyone is familiar with the area and can point me to an up and coming location, I would be thankful for that insight and whatever connections you can provide.
Thanks!
